Finally, there’s a piece of good news for creatives!
Ghana’s Finance Minister, Dr Cassiel Ato Forson, has announced plans to inject GH¢20 million into the film industry, with a special focus on rescuing Kumawood.
During his 2026 Budget and Economic Policy Statement presentation in Parliament on Thursday, November 13, delivered under the theme “Resetting for Growth, Jobs and Economic Transformation,” Dr Forson revealed that the funds would be channeled through the Film Fund to provide essential seed capital for Kumawood and other film associations.
“Mr Speaker, Government has allocated an amount of GH¢20 million to the Film Fund as seed money to revive the film industry such as Kumawood and other film associations,” the Finance Minister stated.
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He also highlighted additional support for the wider creative economy: “Government has also allocated an amount of GH¢20 million to the Creative Arts Fund as seed money for the arts, music, fashion, food and other creative sectors.”
Once the heartbeat of Ghanaian cinema, Kumawood has experienced a severe decline in recent years. At its peak, the Kumasi-based industry produced multiple films every month, providing steady work for hundreds of actors, producers, directors, and technical staff. Today, production has nearly come to a halt.
A combination of factors has contributed to this collapse. The rise of digital streaming has shifted audience habits, rampant piracy has cut into revenue, and limited funding and weak distribution networks have forced many professionals to leave the craft or seek alternative livelihoods.
